$1,299,000
For Sale

170 Magenta Lane

Nipomo, CA 93444
Courtesy of Greater Heights Financial & Realty Inc
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Description

This property is 2.485 acres (108,249 SF). The utilities are stubbed to site. It is located behind and adjacent to the US Postal Office at the center of Nipomo business district which is situated at the highest point in the business district, 30 feet above Tefft Street. Part Office Professional (OP) zoning and part Commercial Retail (CR) zoning. The current county ordinance accommodates full multifamily on the Office Professional portion of site, and has approved off-site & on-site engineering plans and architectural drawings. Original architectural & engineering is available to modify plans to suit.All engineering plans and architectural plans are available for inspection and there is more detailed information available on development possibilities and options. From the Nipomo Post Office on Tefft Street, go North on Magenta Lane and enter behind post office fence, or at the bottom of Magenta Lane. Much of the entitlement has been completed over several years, and offered for $1,299,000 in current state. $1,442,000 for entitlement dependent sale.
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  • Property Details
    • Property
      • View:Panoramic
      • Lot description:Item2630UnitsAcre, Bluff, CulDeSac, LotOver40000Sqft, NearPublicTransit, RectangularLot
    • Measurements
      • Acres:2.64
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, UndergroundUtilities, WaterConnected
  • Community and Neighborhood Details
    • Location
      • County:San Luis Obispo
    • Community
      • Subdivision:Other (OTHR)
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 595, 000
      • Selling Office Commission:2.000
  • Other
    • Source
      • MLS #:SC20105417

Location

Sun Lakes RealtyReal Estate Group
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